$TRUMP is still here, but the liquidity on election night is already gone. The price is currently hovering around $2, with $218M traded over the past 24 hours. Compared with a $586M market cap, turnover isn’t low, but the price friction suggests that inside-market capital is just passing the baton—there’s no fresh money willing to raise the banner. The holders’ disagreement isn’t about direction; it’s about who can run faster than whom.
Down 97% from the ATH—this isn’t a meme pullback anymore; it’s a valuation re-anchor after narrative exhaustion. The $1.14B trading volume at the end of August was the peak of sentiment. After that, volume kept fading, down to around $200M. Price ground from $2.55 to $1.88, then rebounded back to $2.1, forming a tight cluster at the lows. This dense zone is worth watching more than any headline: as long as it holds, you’ll see repeat attempts; if it breaks, we need to see whether there’s support around $1.5.
What I care about more is that a $586M market cap still isn’t cheap for a political meme that’s gradually losing its sensitivity. $TRUMP has long shifted from a mainstream narrative to a niche one. The question that really needs confirmation isn’t how much heat Trump still has—it’s whether there’s still big capital willing to rebuild positions at this level.
Have you noticed any clues of capital moving into or exiting this narrative on your side?
Down 97% from the ATH—this isn’t a meme pullback anymore; it’s a valuation re-anchor after narrative exhaustion. The $1.14B trading volume at the end of August was the peak of sentiment. After that, volume kept fading, down to around $200M. Price ground from $2.55 to $1.88, then rebounded back to $2.1, forming a tight cluster at the lows. This dense zone is worth watching more than any headline: as long as it holds, you’ll see repeat attempts; if it breaks, we need to see whether there’s support around $1.5.
What I care about more is that a $586M market cap still isn’t cheap for a political meme that’s gradually losing its sensitivity. $TRUMP has long shifted from a mainstream narrative to a niche one. The question that really needs confirmation isn’t how much heat Trump still has—it’s whether there’s still big capital willing to rebuild positions at this level.
Have you noticed any clues of capital moving into or exiting this narrative on your side?